The Front Lines of a Crisis

Acquiring Minds

14 months ago, Russ Hadlock bought an auto glass business with $2.3m in sales. Today he is struggling to keep it alive.

Topics in Russ’s interview:

  • Inventing the Peloton handlebar tray
  • His life-changing exit from his company
  • Looking for stability and safety through acquisition
  • Fear of buying a company that was too big to operate
  • Expenses skyrocketing after transition
  • Impact of asset purchase on rent and insurance costs
  • Layoffs and belt tightening
  • Renegotiating his SBA loan
  • Consolidating locations as a Hail Mary
  • Need to get a job while still owning the business

References and how to contact Russ:

  • Twitter
  • LinkedIn
  • AutoGlass Clinic & Mobile Radio

Get complimentary due diligence on your acquisition's insurance & benefits program:

  • Oberle Risk Strategies - Search Fund Team

Book your free tax strategy session for business buyers today:

  • Steed - book your free session

Connect with Acquiring Minds:

  • See past + future interviews on the YouTube channel
  • Connect with host Will Smith on LinkedIn
  • Follow Will on Twitter

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